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20121211
20121211
Search Results 0 to 4 of about 5 (some duplicates have been removed)
proxies for medallions. they are required to operate cabs in many large cities including new york. the meters run higher than most other asset classes for decades. >> i don't think we ever thought it would hit a million dollar price. they have gone up 15% per year for 70 years. outperforming the dow, gold, nasdaq and real estate. >> his grandfather bought one of the badges for 10 bucks. 10,000% return since 1937. look at stock when you reinvest dividends, leaving s&p 500 behind in its rear view mirror. david: what do one cost? >> million bucks for the corporate guys. one million bucks or 700,000 for an individual. david: thanks, robert [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind aumatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi
medallions are required to operate cabs in many large cities including new york. they were first issued in the big apple during the great depression. >> back in 1937, this little piece of tin sold for $10 each. >> his grandfather bought one of the first badges and medallion financial was born. the company has seen quite a return on that first investment and on hundreds more medallions it bought since then. back in the late '70s when the checker cabs were cruising the streets of new york city, a taxi medallion would set you back less than $100,000. now this piece of metal on the front of your cab will set you back more than a million bugs. >> i don't think we ever thought it would hit a million dollar price. they have gone up 15% per year, 70 years. outperforming dow, gold, nasdaq, real estate. you name it. >> analysts marvel at the company's track record. unlike most banks, medal i don't know never had default on taxi loan. >> real estate lending someone defaults it is years before banks get money back. it is terrific collateral. the medallion is the little tin. if somebody doesn't pay
't right you know? in other words, we've earned the right by and large g.e.'s relationship in china is good. we've been a good investor for a long time. we've taken a lot of heat here in new york city and washington, d.c. because we've stood tall as good, honest partner with the chinese. but what's also incumbent on you is when you've earned that position occasionally you have to speak up. and i did. >> rose: as you know, when you speak up about china people also say "look at general electric, this great american company. they're exporting jobs as well." >> we have jobs all over the world, right? so we are the second-biggest exporter behind boeing. we're a net exporter in every other country in the world. but we will sell more gas turbines -- we have a 50% market share of the large gas turbine market. we will sell more in algeria in the next three years than the united states. so what are we supposed to do? are we supposed to sit here and just say, oh, it's too hard? >> rose: and if you don't get the business somebody else will. >> somebody else is going to get it. we're down to the point a
areas, that he's surrounded by a large contingent of loyal fighters. but that narrative is pre- 9/11 understanding of ubl. the second narrative, he's living in the city, living in a city with multiple points of egress and entry, access to communications, so that he can keep in touch with the organization. you can't run a global network of interconnected cells from a cave. >> that was a clip of the new movie called "zero dark thirty," chronicles this mission highlighting many of the people in the takedown including this young woman in seeking, finding, killing osama bin laden. in this new report from "the washington post," this mystery cia operative has a very complicated life, even more so after the bin laden raid. joining me from washington is greg miller, the intelligence reporter with the post, with "the washington post." welcome. >> thanks. >> what an article. i read it and from what i can tell, and also listen to an interview with catherine bigelow. this cia operative found the link to the courier to drive this forward to find osama bin laden. who is she? what do you know? >>
Search Results 0 to 4 of about 5 (some duplicates have been removed)